News Releases

Catholic Priests Hope to Coordinate the Sale with Their Transition at Year’s End SILVERADO, Calif. – The historic St. Michael’s Abbey, a 33-acre campus nestled in the foothills of South Orange County, is up for sale now that its long-time residents, the Norbertine Fathers of Orange, are almost ready to move to a new home. […]

The Roxborough Group – a real estate private equity firm founded in 2013 that invests in all real estate asset classes, including office, industrial, residential, retail and hospitality – has hired Nicholas Bryer as senior vice president. Bryer will be responsible for sourcing and managing investment opportunities across the United States as well as other

Industry Veteran Patrick Simons Tapped to Spearhead New Market Services  IRVINE, Calif. – The Hoffman Company, a land brokerage firm now in its fifth decade with operations in both California and Nevada, announced today the expansion of its services into the multifamily sector. Patrick S. Simons, a 25-year veteran in multifamily development, has joined the firm to

San Diego-based Private Equity Firm Focused on Western U.S. Residential Projects Presidio Residential Capital, a San Diego real estate investment company, through its building partners, successfully sold 1,324 homes in 2019, an increase of more than 300 sales over 2018. It currently has 50 communities with active sales and a portfolio totaling just over 5,100

Continental Realty Group through its subsidiary Continental Realty Assets, Ltd. (“CRA”), a Denver-based multi-family investment firm in partnership with MLG Capital (“MLG”), has completed the disposition of The Park at Forest Hill in Memphis, Tenn. The sale price was $64 million. Located in the Germantown/Southwind submarket of Memphis, the 601-unit community was developed in two

Presidio Residential Capital Has Funded 15 of Cornerstone’s Projects, Including Four Neighborhoods at Otay Ranch, Ranked Eighth Among All Masterplan Communities Nationwide  SAN DIEGO – Presidio Residential Capital congratulates its joint venture partner Cornerstone Communities, which attracted national recognition in 2019 for its impressive growth and sales success in Southern California, where Cornerstone closed 356 homes, opened

Offering 20 Homes Starting in the Mid $700,000s   SAN DIEGO – February 18, 2020 – Pebble Creek Companies, Casbri Development and Presidio Residential Capital will hold a grand opening at Riker Ranch, a new community offering 20 single-family homes in Lakeside, California, on Saturday, February 22, from 11 a.m. to 2 p.m. The neighborhood

Community Offering 18 Single-Story Detached Homes Starting in the Mid $400,000s  LAS VEGAS – Summit Homes of Nevada and Presidio Residential Capital announces, Regina Ridge, a new community in Northwest Las Vegas offering 18 single-family detached homes is now open for sale. Regina Ridge is located in Northwest Las Vegas off Centennial Parkway and Fort

Local Home Builder Beat Out Three of the Nation’s Largest Builders for the Second Year in a Row  VISALIA, Calif. – San Joaquin Valley Homes (SJV Homes) posted a record year in 2019, closing 465 homes, selling out four existing communities and opening seven new ones in a busy and highly successful year.

San Diego-Based Builder has Four Neighborhoods for Sale at Otay Ranch, Ranked Eighth Among All Masterplan Communities Nationwide  SAN DIEGO – Cornerstone Communities attracted national recognition in 2019 for its impressive growth and sales success in Southern California, where it closed 356 homes, opened three new communities and sold out one neighborhood for a total